By Kuo Chia-erh / Staff reporterDomestic car sales in the first two months of this year totaled 74,901 units, a 7.5 percent increase from the same period last year, supported by local dealers’ promotion campaigns, local online market researcher U-Car said in a report on Thursday last week, citing data compiled by local motor vehicle branches. Sales for the first two months are reported together to factor out the effects of the Lunar New Year holiday, a nearly one-week slowdown that occurs at different times during the period each year. However, Hotai’s share in the domestic market over the period fell to 29.1 percent from 29.8 percent, it added. Honda Taiwan Co (台灣本田), the fourth-biggest domestic car distributor, reported that sales grew 21.9 percent year-on-year to 6,395 cars for a 8.5 percent share, the report said. Local car dealers generally delivered positive business outlooks for the whole of this year, despite a higher comparison base last year.

Source: Taipei Times March 04, 2018 15:56 UTC